Carbon Ceramic Brakes, Rear Challenge Grille, Bose Audio, Shields on 2040-cars

Auto blog

What's the smarter investment, Ferrari stock or a Ferrari?

Fiat Chrysler Automobiles is gearing up to spin Ferrari off into its own company, and float some of its shares on the stock market. But buying and trading in Ferrari stock could face a rather unlikely competitor from within. As Bloomberg points out, the values held by classic Ferraris keeps going up, and by no small margin. Even something as relatively humble as the 80s-era Testarossa, for example, has nearly doubled in value over the past year alone. Meanwhile the value of some models – particularly those built in the 1950s, 60s, and 70s – have skyrocketed nearly seven-fold since 2006. Just look at the 250 GTO, one of the most coveted of classic Ferraris among collectors: not taking inflation into account, they were worth thousands in the late 60s, were already selling for hundreds of thousands in the 1980s, and by now are trading hands – on the rare occasion when they do trade hands – for tens of millions. One sold in 2004 for $10 million, and another in 2013 for over $50 million. Those kinds of increases can make a vintage Ferrari seem like a sound investment. That might make it difficult for Ferrari's stock to compete. The company hopes investors will view it as a luxury goods manufacturer along the likes of Prada, Hermes, or Louis Vuitton Moet Hennessy, the stocks of which tend to increase in value at a greater rate than those of most automakers. But even the best of those luxury stocks have merely doubled in value since 2006, compared to the aforementioned seven-fold increase enjoyed by some classic Ferraris over the same period. Add to that the prospect of actually getting to enjoy owning a classic Ferrari – albeit at the risk of damaging it and hindering its value – and the idea of investing in Maranello's products instead of its stock can seem like a much more enticing prospect. Related Video:

A fleet of classic Ferraris were left to rot in a field

A field full of abandoned, old Ferraris is not a common sight. But here are photos of a bunch of them sitting out in the elements. Silodrome originally found and published a story about these lonely looking Ferraris. According to the post, there's a Testarossa, a 308 Quattrovalvole, at least two 328s, at least three 348s and an unestablished number of Mondials. All of them reportedly belonged to one collector, and the story behind why they ended up in the field is rather sad. The owner (name unknown) was an attorney who acquired 13 Ferraris over the course of his successful career. Around 2011 or 2012 he was diagnosed with a serious illness, and he paid to have the cars put into a friend's secure warehouse. Unfortunately, he ended up missing some payments as his condition worsened, and the cars were removed from the warehouse. Their new storage spot? The field you see photographed here. Back payments were eventually made to the warehouse, but the Ferraris were never moved inside. Apparently, the Ferraris would remain in the field for nearly a decade until the family was able to take possession of them. No explanation was provided as to why they were unable to grab them sooner, but the article alludes to "legal proceedings" holding them up. Eleven Ferraris were found in the field, but records (titles, invoices) show that there should have been 13. Additionally, two Rolls-Royces are also unaccounted for. The family reportedly made a deal to sell nine of the Ferraris to a dealer, so they could be restored and sold to new owners. Interior photos of these Ferraris are a bit of a shock. Time sitting in a field hasn't served them well, but at least some folks are going to give them the care a classic Ferrari deserves now. You can check out the rest of the images on Silodrome's article.

Lewis Hamilton needs to step up in his 200th F1 race

LONDON — Lewis Hamilton will start the 200th grand prix of his Formula One career in Belgium this weekend, but the triple world champion has smaller but more significant numbers on his mind. Refreshed from an August break in the Caribbean, including a trip to Cuba in his role as UNICEF ambassador, the Mercedes driver is 14 points behind championship leader Sebastian Vettel as he revs up for the second half of the season. A fifth victory of 2017 for the Briton would put the pressure back on Ferrari's Vettel, and Hamilton can celebrate another milestone by bagging pole position on Saturday at the long and fast Spa-Francorchamps circuit. That would see Hamilton, who sportingly relinquished third place to team mate Valtteri Bottas in Hungary before the summer shutdown, match the record of 68 poles set by Michael Schumacher with Ferrari in 2006. Mercedes has won the last two Belgian Grands Prix, with now-retired 2016 world champion Nico Rosberg triumphant from pole last year after Hamilton won in 2015. Nobody will be taking anything for granted, however, after Ferrari's one-two win in Budapest at the end of July. "On paper, people will assume that Spa should suit our car because it is a circuit where aerodynamic efficiency is extremely important," Mercedes team boss Toto Wolff said. "But assumptions are dangerous — we have seen too many times already this season that the form book can be rewritten from one weekend to the next. So we will be making no assumptions." Hamilton has won twice before at Spa, as has Vettel, but the track — a classic blast from the past — has not been particularly kind to him. In 2008, when he won his first title, the Briton was demoted from first to third after the race for cutting a chicane, with then Ferrari rival Felipe Massa savoring victory instead. Spa can often be a lottery, with its capricious weather, and rain could be a boon for Red Bull's Belgian-born Dutch teenager Max Verstappen, who can count on plenty of local support in what amounts to a home race. "I just love the track and it'll be nice seeing so many orange (Dutch) fans in the grandstands," he said. "Spa is my favorite track of the year. You have to get everything right but when you get a good lap it's very rewarding." Belgium could also be good for Ferrari's Kimi Raikkonen, who arrives with a new contract for 2018 in his pocket.